Austal Limited (OTCMKTS:AUTLF – Get Free Report)’s stock price fell 11.1% on Thursday. The stock traded as low as $2.7120 and last traded at $2.7120. Approximately 400 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 9,888 shares. The stock had previously closed at $3.05.
Austal Trading Down 7.8%
The stock’s fifty day moving average is $3.00 and its two-hundred day moving average is $2.99.
About Austal
Austal Limited is an Australian shipbuilder that designs, constructs and supports aluminum and steel vessels for commercial, defense and government customers. Its products include high-speed passenger and vehicle ferries, patrol boats, offshore vessels, naval ships and other specialized craft, along with related maintenance, repair and sustainment services.
Founded in 1988 and headquartered in Henderson, Western Australia, Austal has expanded from its Australian operations into international shipbuilding markets.
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